Facebook Inc (FB.O) on Thursday launched an archive of U.S. political ads that appear on the world's largest social network, showing who paid for them and other details, after an outcry over Russians' alleged purchase of such ads during the 2016 elections. Facebook, which has 2.2 billion monthly active users, pledged seven months ago to create a cache, saying on the eve of U.S. congressional hearings that it wanted to increase transparency about its role in political advertising. Digital services such as Facebook, Twitter Inc (TWTR.N) and Alphabet Inc's (GOOGL.O) Google and YouTube have upended how political campaigns reach voters in many countries because of their power at targeting ads at narrow audiences and their low cost compared to television ads.

Mr. Zuckerberg added that, in recent weeks, “the vast majority of people choose to opt in” when Facebook has asked them to approve its use of their use of internet browsing and application usage data to show them targeted ads.

Facebook Inc (FB.O) on Thursday launched an archive of U.S. political ads that appear on the world's largest social network, showing who paid for them and other details, after an outcry over Russians' alleged purchase of such ads during the 2016 elections. Facebook, which has 2.2 billion monthly active users, pledged seven months ago to create a cache, saying on the eve of U.S. congressional hearings that it wanted to increase transparency about its role in political advertising. Digital services such as Facebook, Twitter Inc (TWTR.N) and Alphabet Inc's (GOOGL.O) Google and YouTube have upended how political campaigns reach voters in many countries because of their power at targeting ads at narrow audiences and their low cost compared to television ads.

Facebook is forcing political advertisers to properly identify and label their ads. Political advertisers on Twitter have to certify that they're living in the U.S. Facebook FB and Twitter TWTR are clamping down on political ads ahead of the 2018 midterm elections in an effort to close loopholes that were exploited during the 2016 presidential campaign.

If you’re an internet user, chances are you’ve recently been getting heaps of emails and notifications from your favorite apps and newsletters you might not even remember signing up for, asking you to opt in to keep getting marketing emails. Facebook is no exception. Facebook has been showing pop-up messages to EU citizens about how…

U.S. tech giants shouldn't have a problem meeting Europe's new data privacy standards, but it's going to cost them. and scores of other U.S. tech firms have been busy changing their data policies and communicating with users to comply with the European Union's General Data Privacy Regulation, or GDPR, which goes into effect on May 25. Unlike retailers and banks, tech companies are well-equipped to adapt to the new rules, said AT Kearney principal Rajesh John.

Facebook said Thursday it will not compensate users in the scandal over the misuse of their personal data by political consultancy Cambridge Analytica. The answers were promised after testimony earlier this week by CEO Mark Zuckerberg in Brussels had left EU lawmakers frustrated about a lack of responses. Cambridge Analytica used the data of millions of Facebook users to target ads during political campaigns, including allegedly the U.S. presidential vote.

The Facebook Inc. (NASDAQ:FB) “scandal” is officially in the rear view mirror, at least according to Wall Street. Facebook stock, which fell 20% in March when the company came under political attack for its role in the 2016 elections, is back to pre-crisis levels, opening for trade May 23 at about $184 per share. The results reaffirmed Facebook’s status as a “Cloud Czar,” one of the five huge companies that now dominate computing and society, because they can afford to keep building so-called “hyperscale” data centers and fill them with traffic.

Instead some are flocking toward names with mitigated data exposure like Microsoft Corporation (NASDAQ:MSFT). The bull case on Microsoft stock as a safe-haven in a privacy-concerned world is pretty straightforward. Microsoft has become a $750 billion company largely without monetizing data.

Exactly a month before the European Union’s new data privacy law known as the General Data Protection Regulation (or GDPR) was due to come into force, Twitter (TWTR) announced that it was updating its privacy policy. The EU’s new data privacy law prohibits Internet companies like Twitter from collecting their users’ personal information without permission.

Last November, Australian media reported that Facebook was experimenting with a novel idea to combat revenge porn on its platforms. In a pilot program done in cooperation with the government, users would do something that feels ill advised: upload a nude image to Facebook. The idea was that by doing so, Facebook could preempt that…

Europe should set global standards for tougher regulation of digital technology, finding a way between an excessively lax United States and an over-restrictive China, French President Emmanuel Macron said on Thursday. Addressing the bosses of U.S. giants Microsoft and IBM at a Paris technology conference, Macron said the European Union's new data privacy regulation, known as GDPR, demonstrated Europe's ability (EU) to lead the way.

In an effort to give consumers greater control over how their personal details are used, Europe is set to impose sweeping changes to data laws on Friday. Earlier in the week, Facebook CEO Mark Zuckerberg appeared before European lawmakers to apologize for the social media giant's role in a massive data leak. The European Union 's digital policy chief has urged Facebook FB to stick to its promise and abide by the region's more stringent data protection rules.